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  • Stellantis - UAW Economic Proposal 9-8-23 FINAL

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    Khristopher Brooks
    519 views1 page
    This economic proposal outlines wage increases totaling 14.5% over the contract period for most represented employees, with no lump sums. It also provides for a $6,000 inflation protection payment in the first year and $4,500 in payments over the final three years. The proposal designates Juneteenth as a paid holiday for all represented employees. For supplemental employees, it increases wages from $15.78/hour to $20/hour. For in-progression employees, it accelerates the progression timeline from eight to six years to potentially reduce the time to reach the maximum wage rate by 25%.

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    Stellantis offer to UAW workers

    Original Title

    Stellantis_UAW Economic Proposal 9-8-23 FINAL

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    This economic proposal outlines wage increases totaling 14.5% over the contract period for most represented employees, with no lump sums. It also provides for a $6,000 inflation protection payment in the first year and $4,500 in payments over the final three years. The proposal designates Juneteenth as a paid holiday for all represented employees. For supplemental employees, it increases wages from $15.78/hour to $20/hour. For in-progression employees, it accelerates the progression timeline from eight to six years to potentially reduce the time to reach the maximum wage rate by 25%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    519 views1 page

    Stellantis - UAW Economic Proposal 9-8-23 FINAL

    Uploaded by

    Khristopher Brooks
    This economic proposal outlines wage increases totaling 14.5% over the contract period for most represented employees, with no lump sums. It also provides for a $6,000 inflation protection payment in the first year and $4,500 in payments over the final three years. The proposal designates Juneteenth as a paid holiday for all represented employees. For supplemental employees, it increases wages from $15.78/hour to $20/hour. For in-progression employees, it accelerates the progression timeline from eight to six years to potentially reduce the time to reach the maximum wage rate by 25%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Economic Proposal

    Wage increases in each year of


    the contract totaling 14.5%
    FOR MOST (no lump sums)
    REPRESENTED Inflation Protection
    EMPLOYEES
    • $6,000 one-time inflation
    protection payment in first year
    of the contract
    • $4,500 in inflation protection
    payments over the final three
    years of the contract

    FOR ALL
    REPRESENTED Juneteenth as a paid holiday
    EMPLOYEES

    Supplemental Employees
    • Wage increase from starting
    FOR rate of $15.78/hour to
    SUPPLEMENTAL $20/hour (a $4.22/hour
    increase)
    AND
    IN-PROGRESSION In-Progression Employees
    EMPLOYEES • Accelerate progression
    timeline from eight years to
    six years, potentially reducing
    the time that employees can
    reach max wage rate by 25%

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